Methods for non-cash employee compensation

Abstract

Disclosed herein are methods of non-cash employee compensation. An exemplary embodiment of a method of non-cash employee compensation may comprise a synthetic stock option program using a synthetic call. A synthetic call can be created without an actual call option by buying both the stock and a put option on the stock. A synthetic put may be created without an actual put option by selling the stock short and buying a call on the stock at the same price.

1 . A method comprising: 
 selecting features of a stock option program of a company; and    granting an option to an employee through the stock option program to borrow at least one share of stock of the company.    
     
     
         2 . The method of  claim 1 , further comprising: 
 directing management of the at least one share of borrowed stock of the company, the directing performed by the company.    
     
     
         3 . The method of  claim 2 , wherein directing management of the borrowed shares comprises allowing an at-will sale of the at least one share of borrowed stock.  
     
     
         4 . The method of  claim 2 , wherein directing management of the at least one share of borrowed stock comprises requiring any stock purchase based on the at least one share of borrowed stock to be purchased in a margin account.  
     
     
         5 . The method of  claim 4 , further comprising requiring any stock purchase to be based on a recommendation in a financial industry newsletter.  
     
     
         6 . The method of  claim 2 , wherein directing management of the at least one share of borrowed stock comprises restricting the use of the at least one share of borrowed stock to a purchase of at least one share of stock of the company.  
     
     
         7 . The method of  claim 2 , wherein directing management of the at least one share of borrowed stock comprises allowing the use of the at least one share of borrowed shares as collateral for a loan to purchase a personal asset.  
     
     
         8 . The method of  claim 7 , wherein the asset comprises a real estate asset.  
     
     
         9 . The method of  claim 8 , further comprising restricting the use of the at least one share of borrowed stock for a real estate asset purchase to a joint purchase by the employee and a third party trustee.  
     
     
         10 . The method of  claim 9 , further comprising directing a deposit for the purchase of the real estate asset to be purchased with record title held in the names of the employee and the third party trustee.  
     
     
         11 . A computer readable storage medium comprising: 
 logic configured to select features of a stock option program of a company; and    logic configured to grant an option to an employee through the stock option program to borrow at least one share of stock of the company.    
     
     
         12 . The computer readable storage medium of  claim 11 , further comprising: 
 logic configured to direct management of the at least one share of borrowed stock of the company.    
     
     
         13 . The computer readable storage medium of  claim 12 , wherein logic configured to direct management of the at least one share of borrowed stock comprises logic configured to allow an at-will sale of at least one share of the borrowed stock.  
     
     
         14 . The computer readable storage medium of  claim 12 , wherein logic configured to direct management of the at least one share of borrowed stock comprises logic configured to require any stock purchase based on the at least one share of borrowed stock to be purchased in a margin account.  
     
     
         15 . The computer readable storage medium of  claim 14 , further comprising logic configured to require any stock purchase to be based on a recommendation in a financial industry newsletter.  
     
     
         16 . The computer readable storage medium of  claim 12 , wherein logic configured to direct management of the at least one share of borrowed stock comprises logic configured to restrict the use of the at least one share of borrowed stock to a purchase of at least one share of stock of the company.  
     
     
         17 . The computer readable storage medium of  claim 12 , wherein logic configured to direct management of the at least one share of borrowed stock comprises logic configured to allow the use of the at least one share of borrowed stock as collateral for a loan to purchase a personal asset.  
     
     
         18 . The computer readable storage medium of  claim 17 , wherein the asset comprises a real estate asset.  
     
     
         19 . The computer readable storage medium of  claim 18 , further comprising logic configured to restrict the use of the at least one share of borrowed stock for a real estate asset purchased with record title to be held jointly by the employee and a third party trustee.  
     
     
         20 . The computer readable storage medium of  claim 19 , further comprising logic configured to direct a deposit for the purchase of the real estate asset purchased with record title held jointly in the names of the employee and the third party trustee.